The way the Bet Islands bailout plan should work

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  • ChuckyTheGoat
    BARRELED IN @ SBR!
    • 04-04-11
    • 37503

    #1
    The way the Bet Islands bailout plan should work
    1) Get BetIsl to cooperate by providing a list of player balances.

    2) Find a solid book who will facilitate the bailout.

    3) The way I see it, every $2200 risked provides the house w/ $100 profit. $1100 risk on each side, pay $1100 + $1000. $100 to the house.

    4) Ergo, a 22x rollover would give the house the necessary losses to fund the player balances. 22x may be balked at, so let's say 15x rollover requirement. That's fair.

    5) SBR kicks in a small chunk, say 3% of player balances to the facilitating book.

    Sounds like a great plan. Bailout book seen as a hero and a great way to build up goodwill. Tell me this is going to happen.
    Where's the fuckin power box, Carol?
  • playersonly69
    SBR Posting Legend
    • 01-04-08
    • 12827

    #2
    bailouts at quality books are a thing of the past.


    To tell the truth, a bailout is not really profitable to most books. Most everyone here already has accounts at 5Dimes, Bookmaker, bovada and legends. Thus, having those books bail players out doesnt help the book at all. We are still going to deposit at their books without needing a bailout.


    Your only sources of bailouts would be scam books like youwager or firstfidelity.



    Most likely, any bailout would also require a sizeable deposit as well.
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    • Darkside Magick
      SBR Posting Legend
      • 05-28-10
      • 12638

      #3
      Offshore is dead!!!!!!
      Comment
      • tatommack
        SBR MVP
        • 10-10-08
        • 4171

        #4
        When are these threads going to stop?
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